Okay maybe I am jumping the gun here. But if I recall correctly the price at the pumps jumped up virtually at the same time the price of oil started to climb. I am assuming now that oil has dropped below the $60 dollar a barrel mark that gas prices will follow the same line. It's only fair right?
Light sweet crude for December fell $1.46 to settle at $59.76 a barrel on the New York Mercantile Exchange, the lowest close since July 28.
Front-month heating oil futures fell 7.37 cents to settle at $1.7698 a gallon, the lowest level since Aug. 5, while front-month gasoline futures dropped by 9.81 cents to settle $1.5261 a gallon, the lowest level since June 8.
Natural gas futures declined 85 cents to $12.205 per 1,000 cubic feet.
Who the hell am I trying to kid. Whoever said "what goes up must come down" never had to deal with oil and gas company's.
Monday, October 31, 2005
Woooooo Hoooooo gas prices dropping
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6 comments:
This is cracking me up, now I'm seeing deisel priced ten cents higher than regular all over,,,,
Very strange, they DID drop, didn't they?
Yup they did. A whole penny per litre from what I saw driving around today. What a break!
Yes, but considering we were paying well over $1 in the summer, overall, let's not b*tch too loud.
Yes but we were paying below 80 cents a litre prior to the massive hikes. Time will tell....
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